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| Teaching Since: | Apr 2017 |
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| Questions Answered: | 3232 |
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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
You are a foreign exchange trader and you receive the following two quotes for spot trading:
• Bank A is willing to trade at $1.50 per Swiss franc.
• Bank B is willing to trade at 0.50 Swiss franc per dollar. Is there an opportunity to make an arbitrage profit? If there is, explain what you will do. If there is not, why no
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